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Congress to cut PSBs to 6-8 from 18 to fortify banks

Updated : April 03, 2019 04:33 PM IST

The Congress has also promised to abolish the redundant Banking Board Bureau.
The Congress plans to encourage state governments to revive the State Financial Corporations (SFCs) to provide long-term credit and risk capital to MSMEs.
Congress to cut PSBs to 6-8 from 18 to fortify banks

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